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20120927
20120927
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straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> welcome back. my next guest has a long history on wall street and washington. in the '80s, robert hormats was secretary of affairs. he was vice chairman of goldman sachs. basically, he's a big shot. welcome, bob. great to have you on the program. >> always a pleasure. >> so much to talk about. where are you just back from? >> i was at the conference, the apec conference in the russian far east, which is booming with energy and a lot of other things. >> are they not getting impacted by europe? you have europe a complete mess, china slowing down. how worried are you about global growth? >> i am worried about global growth. i don't think it's a crisis. certainly many parts of europe are slowing down. china is slowing down, although it's still growing at a reasonable rate. certainly we're going to see a slow down. it's one that need not lead to a sharp downturn. it'll certainly slow growth around the world and will certainly adversely affect tr
spending, we need to do this at the same time and invest in infrastructure and math and science education, we need to do this together. that argument is not being made by politicians today. >> they're doing us all a disservice. >> yes. >> wish people would talk like you do. >> we back them up, we elect them, we elected in 2010 we sent a bunch of guys there for a reason and that's why we had the first debt ceiling issue. they weren't going to raise it another, they want spending increases stopped immediately but they were sent there for, what spawned the rise of that movement, what happened in the first two years of the owe bea ma presidency? >> well i understand the movement, there's no question there's a lot of sentiment out there for stop the world, i want to get off. >> i think these guys are arguing two plus two equals grain, they're not even coming up with a number. this does not compute. they're not speaking the same language. >> i understand the sentiment of the tea party. lot of folks are sincere and they're fed up but it's like the dog that caught the car. at some point you have
to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> let's get straight to rick santelli with the governor of nebraska then. >> yes. rick heineman. 9.1% in illinois. 9.1% unemployment in new york. 10.6% unemployment in california. governor, could you tell the world what the unemployment rate is in nebraska. >> the unemployment rate in nebraska is 4%, the second lowest in america, because we balance our budgets. we don't spend money we don't have. we've lowered taxes. we've modernized our economic incentive programs and we want to continue to do that. >> governor, it sounds so easy when we go over it this way. so why is there such big debates in illinois, california, new york, to raise taxes to fix problems when there's so many states from north dakota, oklahoma, nebraska that are lowering taxes, maybe some getting rid of state income taxes or modifying sales tax and the benefits? tell us about the benefits. >> well, the benefits of lower taxes is greater job creation, more jobs for young people, more jobs for families. i
Search Results 0 to 2 of about 3